America Movil, S.A.B. de C.V. (NYSE:AMX) is reporting third quarter financial results on Tuesday 20th October 2020, after market close.
According to analysts surveyed by Thomson Reuters, AMX is expected to report 3Q20 income of $ 0.34 per share from revenue of $ 11836.80 million.
For the full year, analysts anticipate top line of $ 48066.60 million, while looking forward to income of $ 0.49 per share bottom line.
Previous Quarter Performance
America Movil, S.A.B. de C.V. unwinded income for the second quarter of $ 0.26 per share, from the revenue of $ 10,768.00 million. According to street consensus, AMX was expected to report 2Q20 income of $ 0.32 per share from revenue of $ 10390.00 million. The bottom line results missed street analysts by $ 0.06 or 18.75 percent, at the same time, top line results outshined analysts by $ 378.00 million or 3.64 percent.
Stock Performance
Shares of America Movil, S.A.B. de C.V. traded low $ -0.26 or -2.04 percent on Monday, reaching $ 12.48 with volume of 2.87 million shares. America Movil, S.A.B. de C.V. has traded high as $ 12.86 and has cracked $ 12.48 on the downward trend
According to the previous trading day, closing price of $ 12.48, representing a 25.89 % increase from the 52 week low of $ 10.12 and a 29.38 % decrease over the 52 week high of $ 18.04.
The company has a market capital of $ 40.93 billion and is part of the Communication Services sector and Telecom Services industry.
América Móvil, S.A.B. de C.V. provides telecommunications services in Latin America, the United States, the Caribbean, and Europe.
